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20121101
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'm christine romans. a painful election is behind us. now the hard work begins. creating middle class jobs. it used to be a ticket to the middle class was by making things. but what are we making these days, and where is the middle? take a minute to look around your living room. your tv, the jaens you're wearing, the lamp next to you, all of those things likely aren't made in the usa. it's a trend, of course, long in the making but made worse by the great recession. when more than 2 million manufacturing jobs were lost. since june 2009 when the recession ended, just 241,000-of-those manufacturing jobs have come back. that's according to government data. for years, for years, conventional wisdom was we don't need to make stuff here. we'll invent it in america and then become a service-based economy. well, here we are, and these new service sector jobs aren't paying off, literally. right now a job in the leisure and hospitality sector averages $13 an hour. that's $27,000 a year, if you work full-time. retail, not much better. average hourly rate, about $16 an hour. this is the average. it ta
it's important for us to come to an agreement with the president. >> and that starts with the fiscal cliff. we've sounded the warning. >> job destruction that would happen under the fiscal cliff. >> economic growth is at 2%. this only hurts it. >> on the edge of a fiscal cliff. >> could do some very bad things to the economy. >> but how should you prepare for this scary scenario or for any deals washington makes to avoid it? it's about getting back to basics. taxes, investments, savings, retirement, jobs, the things that made americans secure in the past are no longer guarante guarantees. now a prosperous future depends on knowledge and a solid plan. remember, smart is the new rich. while there's uncertainty in the broader economy, your personal economy can still thrive. washington, wall street, main street, all trying to figure out what the tax bill is going to look like. most republicans in congress have signed this pledge to never ever ever ever raise taxes, even on the very richest of the rich. democrats, including president obama, say raise those taxes on the rich but keep them
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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